DR Horton Inc (DHI)
Cash conversion cycle
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 353.17 | 333.37 | 312.76 | 344.03 | 302.27 |
| Days of sales outstanding (DSO) | days | — | 4.18 | 4.39 | 4.61 | 4.23 |
| Number of days of payables | days | 17.07 | 18.01 | 17.42 | 21.61 | 21.59 |
| Cash conversion cycle | days | 336.11 | 319.54 | 299.74 | 327.03 | 284.91 |
September 30, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 353.17 + — – 17.07
= 336.11
Peer comparison
Sep 30, 2025
Company name
Symbol
Cash conversion cycle
DR Horton Inc
DHI
336.11
KB Home
KBH
364.63
Lennar Corporation
LEN
262.53
Toll Brothers Inc
TOL
435.22